Tag Archives: Snap

Snap’s Valuation

How a Money-Losing Snap Could Be Worth So Much: By the end of 2016, Snapchat had 158 million daily active users. By comparison, Instagram, probably the closest comparison and a formidable competitor to Snapchat, had about 30 million users when Facebook bought it in 2012 for what was then considered an eye-popping price of $1 […]